Housing in Pablo

A typical Pablo home is worth roughly $319,000

Home prices around Pablo have risen about 84% over the past 5 years.

Typical home value

$319K

▲ 4.2% in a year · MT $472K

Estimate

2-bedroom rent

$1,400

a month, utilities in · HUD

Median tax bill

$2,097

MT $2,693

What kind of housing town is Pablo?

Read from the numbers below. The page puts what stands out first.

Your money goes further32% below the Montana typical home.

★ What stands out · Affordability

A typical home costs 8.8 years of income

More than across Montana (6.5 years). Try your own numbers below.

You could afford about

$142,000

Typical Pablo home $319K

That’s $178K short of a typical Pablo home.

The typical home, each month

$1,890

Loan $1,580Tax $220Insurance $90

A two-bedroom rents for about $1,400 a month here, $490 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Pablo’s typical property tax (0.82% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 84% in 5 years

The federal house price index for the ZIP codes around Pablo rose 84% over the past 5 years, faster than across Montana (62%). Last year prices rose 4.2%. Carrying the Census median home value forward with that index puts the typical Pablo home at roughly $319,000 today.

Pablo areaMontana

+4.2%

past year

+84%

past 5 years

+144%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $319K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Pablo, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,400

Renters already here pay a median of $793, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,060

1 bedroom$1,070

2 bedrooms$1,400

3 bedrooms$1,810

4 bedrooms$1,930

34%

of households rent · MT 31%

195

renter households

32%

of renters spend 30%+ of income on rent · MT 45%

46%

of the median income, for a two-bedroom

$793

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lake County, MT): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

67% of Pablo households own their home

Half of Pablo’s homes were built before 1992.

Owners and renters

Own 67%Rent 34%

Montana: 69% own.

1992

typical home built · MT 1981

$2,097

median property tax bill · MT $2,693

0.82%

of a home’s value, a year in tax · MT 0.72%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What Pablo buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Pablo still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.